Potential Obstacles To Downtown Affordable Housing Project


  1. Developers unwilling to bid on the project.
    > Project complexity creates too much planning, design and construction risks
    > Community opposition amplifies project risk
    > Risk of protracted litigation further increases project risk
    > No interest on building a public parking structure
    > Unavailability of state funding
    > Very low-income rentals generate do not support needed debt
  2. Community opposes final project design.
    > Multi-year construction will irrevocably harm Downtown
    > Inadequate or inconvenient public parking irrevocably harms Downtown
    > Community opposes $40M cost of parking structure
    > Community opposes potential multi-year litigation cost exposure due to surplus land challenge
  3. Community demands an advisory ballot and a ballot measure, if necessary.